Is 98576, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 98576 has remained a Seller's Market.
Housing Prices in 98576, WA
How much do homes in 98576, WA cost?
Median Sold Price
$480,000
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98576 was $480,000 in April 2024, down 3.8% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $543.5K | $407K | -25.1% |
2 Bedrooms | $365K | $387K | +6.0% |
3 Bedrooms | $474.9K | $502K | +5.7% |
4 Bedrooms | $602.5K | $530K | -12.0% |
5+ Bedrooms | $910K | - | N/A |
Summary: 98576 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.1%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes did not change.
Housing Supply in 98576, WA
How many homes are available in 98576, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 18 | -10.0% |
Summary: The 98576 real estate market had 18 homes for sale in April 2024, a 10.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 17 | 15 | -11.8% |
4 Bedrooms | 2 | 0 | -100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 98576 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 5 | -37.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in 98576 in April 2024, down by 37.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for 98576, WA
How long does it take to sell a home in 98576, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 35 Days | +21.4% |
Summary: Homes in 98576 had an average of 35 days on market in Apr 2024, up by 21.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in 98576; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.